By: perceptions_now
18/06/2009
6:44 pm Yahoo! Profile:
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"Oh perceptions, whatever happened to those green shoots? I think they were smoking those green shoots when they said that."
pansi,
I give up, I did smoke those "green shoots", but I did not inhale!
But, I did not have s - no wait, we shouldn't go there, let sleeping dogs, lie, forgive us Bill & Monica, for we know not, all that you did not? |
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By: pansi1951
19/06/2009
6:37 am Yahoo! Profile:
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<But, I did not have s - no wait, we shouldn't go there, let sleeping dogs, lie, forgive us Bill & Monica, for we know not, all that you did not?>
......................... ......................... ......
ah! the days of sweet innocence, little did we know what was cooking way back then (well it seems a long time ago)
What makes me laugh are the funny contradicting headlines, or even the complete contadiction within a news article.
For example - 'It appears that the economy is on the way up'
(then at the end of the story)
'but we have a long and difficult time ahead, and we may even go into recession'.
They should just say 'we don't know what will happen'.
I don't think America has seen the worst of it yet, so we have a looong way to go. The economic downturn will continue for years to come. That much debt can't suddenly disappear. |
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By: perceptions_now
19/06/2009
3:49 pm Yahoo! Profile:
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"They should just say 'we don't know what will happen'.
pansi,
There are many who just do not know.
That said, even those who do know, really don't know, they just think they know!
Almost a Rumsfeld repeat of Known Knowns, Known Unknowns & Unknown Unknowns. |
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By: casino_royale44r
19/06/2009
4:30 pm Yahoo! Profile:
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| there is no recession down here in tassie there is plenty of work and heaps of employers down here are putting staff on the building trade is booming down here so i can not see any slow up down here full stop |
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By: bwood2007au
19/06/2009
4:33 pm Yahoo! Profile:
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there is no recession down here in tassie there is plenty of work and heaps of employers down here are putting staff on the building trade is booming down here so i can not see any slow up down here full st
thats good mate you will able to get a job lollol |
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By: casino_royale44r
19/06/2009
4:33 pm Yahoo! Profile:
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Almost a Rumsfeld repeat of Known Knowns, Known Unknowns & Unknown Unknowns.
......................... .......
Rumsfeld made $5million off the tamiflu as he has big shares in!!! |
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By: casino_royale44r
19/06/2009
4:35 pm Yahoo! Profile:
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Rumsfeld made $5million off the tamiflu as he has big shares in!!!
.........................
lol idoits like bwood running out making rumsfeld richer by buying famiflu incase he gets the flu!!! lol
a idoit fast parts with his money!!!! |
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By: humblegenius_fp
19/06/2009
4:37 pm Yahoo! Profile:
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| bwood, cas, I think you too just need to hug it out, far too much hostility, or sexual tension Im not sure, but either way can you two just kiss and make up already. |
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By: bwood2007au
19/06/2009
4:39 pm Yahoo! Profile:
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lol idoits like bwood running out making rumsfeld richer by buying famiflu incase he gets the flu!!! lol
a idoit fast parts with his money
hi cas i see the spell check still not working "idiot"
iVE Been told were heading off tomorrow 3 weeks and will be up north dont get to cold HAVE FUN |
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By: casino_royale44r
19/06/2009
4:40 pm Yahoo! Profile:
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| humble no offense but who do you think you are? setting yourself up as god on here the dream police!!! |
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By: bwood2007au
19/06/2009
4:40 pm Yahoo! Profile:
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bwood, cas, I think you too just need to hug it out, far too much hostility, or sexual tension Im not sure, but either way can you two just kiss and make up already.
JUST a bit of harmless fun humble hes most likley a great guy |
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By: casino_royale44r
19/06/2009
4:41 pm Yahoo! Profile:
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iVE Been told were heading off tomorrow 3 weeks and will be up north dont get to cold HAVE FUN
......................... ..
you said 2 weeks ago you were off to north qld?? your son was able to take care of lambing?? |
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By: bwood2007au
19/06/2009
4:43 pm Yahoo! Profile:
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you said 2 weeks ago you were off to north qld?? your son was able to take care of lambing??
the health collapsed dioegnosid type2 diebatic on top of the rest sorta f thing up |
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By: casino_royale44r
19/06/2009
4:44 pm Yahoo! Profile:
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the health collapsed dioegnosid type2 diebatic on top of the rest sorta f thing up
......................... .....
hope all is better now. |
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By: humblegenius_fp
19/06/2009
4:46 pm Yahoo! Profile:
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| See, now isnt this nicer, and Cas, Im no god, but I will answer to Jesus thankyou. |
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By: bwood2007au
19/06/2009
4:46 pm Yahoo! Profile:
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| just off the wrong foods and the good port |
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By: casino_royale44r
19/06/2009
4:47 pm Yahoo! Profile:
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but I will answer to Jesus thankyou.
......................... ...
i got a few good words you can answer too, but i am a gentlemen. |
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By: casino_royale44r
19/06/2009
4:48 pm Yahoo! Profile:
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and the good port
......................... ..
bugger i like a good port. |
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By: perceptions_now
19/06/2009
7:23 pm Yahoo! Profile:
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"bugger i like a good port."
casino,
Grandfather? |
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By: andreihicks
19/06/2009
7:25 pm Yahoo! Profile:
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ah pereceptions - I thought you might have jumped out of a window by now given the whole world is about to collapse into meltdown and everyone is going to be out on the street destitute?
i just reviewed out 2010 set of figures and shock, horror we are going to grow our EBIT. Must be wrong eh? |
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By: perceptions_now
19/06/2009
7:48 pm Yahoo! Profile:
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"i just reviewed out 2010 set of figures and shock, horror we are going to grow our EBIT. Must be wrong eh?"
andrei,
Good luck! |
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By: perceptions_now
22/06/2009
2:01 pm Yahoo! Profile:
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World Bank Cuts Forecast for Global Economy, Developing Nations
June 22 (Bloomberg) -- The World Bank said the global recession this year will be deeper than it predicted in March and warned that a flight of capital from developing nations will swell the ranks of the poor and the unemployed.
The world economy is forecast to contract 2.9 percent this year, compared with a prior estimate of a 1.7 percent decline, the Washington-based lender said in a report released today. Global growth will return next year with a 2 percent expansion, the bank said, cutting its forecast from a 2.3 percent prediction about three months ago.
"While the global economy is projected to begin expanding once again in the second half of 2009, the recovery is expected to be much more subdued than might normally be the case," the report said. "Unemployment is on the rise, and poverty is set to increase in developing economies, bringing with it a substantial deterioration in conditions for the world’s poor."
http://www.bloomberg.com/apps/news?pid=20601087&si d=afWrPB8FcAZw
Not that I have much regard for the World Bank, the IMF &/or a few others, but it is an indicator. |
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By: bogarde73
22/06/2009
2:16 pm Yahoo! Profile:
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This might - might - be more relevant than the world bank:
Economist puts dent in optimism: bigger crash is coming
Monday June 22, 2009, 11:31 am
An international economic forecaster says another big crash lies ahead for global share and property markets within the next two years.
Harry Dent predicted the Japanese recession in the 1990s and also forecast the current global financial crisis.
He has told ABC News Breakfast that the Australian share market will continue to make gains during the next few months, before bottoming in about 2011.
"I'd say maybe the Australian All Ordinaries will get back up near 4,500, the Dow maybe close to 10,000," he said.
"And then you'll see another crash late this year and into next year, as banking systems melt down again. I think the next one's going to start in Europe and Eastern Europe, housing prices would lag.
"I think stocks are going to end up down 60 or 70 per cent before it's all over, and I think housing prices in Australia will probably be down 40, maybe 50, per cent, maybe more than that in the United States and Europe."
Ageing population
Mr Dent says the driving force behind the renewed slowdown will be the reduced spending of an ageing population: a similar malaise to the one that has affected Japan since the early 1990s.
"Peak spending is age 46, so we've been saying for decades, we're gonna have this great, great boom and then around the end of this decade baby boomers are going to peak in spending, prepare for retirement, kids are going to leave the nest and the economy's going to slow just like Japan did in the 1990s," he said.
"Japan has already gone through a housing bubble, and a peak in generation spending, and you know what? Their stock market declined for years, housing declined 60 per cent, and all the government stimulus could not put Humpty Dumpty together again - that's what we're looking at."
Mr Dent says home owners and prospective buyers should look at the ... |
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By: bogarde73
22/06/2009
2:16 pm Yahoo! Profile:
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Mr Dent says home owners and prospective buyers should look at the Japanese property bubble and bust to get an idea about where prices might head.
"Bubbles usually go back to where they start... in Australia, I'd look at my real estate and say 'what was it worth in the year 2000?' that's when the housing bubble started," he said.
"They have to go back down to where young families can afford a house again, so that's a good thing."
Australia the place to be
Mr Dent says the news is not all bad: he says the greatest boom in human prosperity followed the Great Depression and World War II and the world can expect a similar period of growth once all the bad debts and devaluations work their way through the financial system and economy.
He also says Australia is the best placed Western nation to weather the worst of the recession.
"If I had to sit out the depression in one place in the Western world, it would be Australia," he said.
"Your demographic slide is less, your immigration's been stronger and you're on the edge of China and India - they're not turning down due to baby boomer demographics, they've got much growth ahead." |
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By: perceptions_now
22/06/2009
3:03 pm Yahoo! Profile:
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"Peak spending is age 46, so we've been saying for decades, we're gonna have this great, great boom and then around the end of this decade baby boomers are going to peak in spending, prepare for retirement, kids are going to leave the nest and the economy's going to slow just like Japan did in the 1990s," he said.
bogarde73,
Yes, I've had a look at some of Harry's thoughts before and he does have the right line with the Baby Boomer Bust.
I have the Peak earning and spending time, as 55 years of age, so if you take 1950 as the start of the Boom (give it a couple of years start up), add 55 years, then I add the two and take 2005, as the likely start date for the Recession.
However, what Harry hasn't put as much weight on, is the likely effects of Peak Oil, which co-inciDENTly, also started around 2005.
I do agree with Harry, If the problems get away from us, then at least we are in the best place on earth to get thru whatever may come.
That said, I would think another large chunk will come out of the Global Markets & Economy, prior to the end of this year! |
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